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Output Shocks and Unemployment: New Evidence on Regional Disparities

Author

Listed:
  • JTimothy O. Bisping
  • Hilde Patron

    (Louisiana Tech University)

Abstract

We estimate five VAR models and use generalized impulse response functions to examine the relationship between output and unemployment at the regional level. Further, within regions we consider the degree to which the cyclical nature of unemployment might vary across race and gender groups. We find some variation in the relationship between output and unemployment across regions, and interestingly, we find that this relationship differs among demographic groups within, and between, regions of the United States.

Suggested Citation

  • JTimothy O. Bisping & Hilde Patron, 2005. "Output Shocks and Unemployment: New Evidence on Regional Disparities," The International Journal of Applied Economics, Department of General Business, Southeastern Louisiana University, vol. 2(1), pages 79-89, March.
  • Handle: RePEc:ija:ancoec:v:2:y:2005:i:1:p:79-89
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    File URL: http://www2.selu.edu/orgs/ijae/Journal%202/IJAE%20MARCH%202005%20BISPING%20PATRON%2003%2005%202005%20FINAL%2021.pdf
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    More about this item

    Keywords

    Output; unemployment; generalized impulses;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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